Have to say the Danny Lockwood article made unpleasant reading.Trinity have always been tardy paying their bills as i know from experience! As a result our name is mud in a lot of business's eyes.A new board will hopefully address this and as a result attract more investment.

The Silver Membership I referred to in an earlier post has been put as a reminder on the news page on the official site! www.wakefieldwildcats.co.uk/2011/01/pur ... hip-today/ (The presentation/layout of the detail is shocking)

The Silver Membership I referred to in an earlier post has been put as a reminder on the news page on the official site! www.wakefieldwildcats.co.uk/2011/01/pur ... hip-today/ (The presentation/layout of the detail is shocking)

Quote ="PHe"The Silver Membership I referred to in an earlier post has been put as a reminder on the news page on the official site! www.wakefieldwildcats.co.uk/2011 ... hip-today/ (The presentation/layout of the detail is shocking)'" Just had a look myself and cannot make head nor tale of the pricing part!! WTF!! Looks like everbody has gone except for a trained monkey!! Please don't think I am trying to take the P, i am not, it just looks very poor, as do a number of other recent articles with odd line breaks and strange gaps as if there are some formatting issues.

Quote ="PHe"The Silver Membership I referred to in an earlier post has been put as a reminder on the news page on the official site! www.wakefieldwildcats.co.uk/2011 ... hip-today/ (The presentation/layout of the detail is shocking)'" Just had a look myself and cannot make head nor tale of the pricing part!! WTF!! Looks like everbody has gone except for a trained monkey!! Please don't think I am trying to take the P, i am not, it just looks very poor, as do a number of other recent articles with odd line breaks and strange gaps as if there are some formatting issues.

Heard from who?

You should know better than that.

Your post appears to have disappeared.

Curious...

It's all gone a bit xfiles!!!!

He doesn't mince his words, it's always about polemic with him. Sells papers, though, and as long as you know the people you attack can't afford to come after you, then you're on safe ground.

He almost got his fingers burnt when he had a go at a local MP, think he's on safer ground with Ted though.

Quote ="PHe"The Silver Membership I referred to in an earlier post has been put as a reminder on the news page on the official site! www.wakefieldwildcats.co.uk/2011 ... hip-today/ (The presentation/layout of the detail is shocking)'" why should anyone want to put it in their stockings

Quote ="PHe"The Silver Membership I referred to in an earlier post has been put as a reminder on the news page on the official site! www.wakefieldwildcats.co.uk/2011 ... hip-today/ (The presentation/layout of the detail is shocking)'" why should anyone want to put it in their stockings

I can still not get my head around how poor this is, patronising at best shameful at worst. Last season for me i'm afraid, i have no faith in the people runnimg the club.

Don't give up on the club - with any luck this mess will end up with those people having nothing further to do with the club and a brighter future (albeit possibly outside SL)

Can I ask one serious question will this money ensure Mr Richardson will leave?If so i will put 2 thousand in !! Also something isn't adding up sir Rodney is not stupid to give 350 thou away he must know something I am sure some good news is around the corner.NEW SEASON = NEW BOARD/CHAIRMAN AND NEW GROUND !

From the outside this is looking more bizarre by the day and as a RL fan I thought the 'plea' was disgustingly worded! To ask in such away for high amounts of money in an unstable economy, just after Christmas is just wrong without releasing more details!

Your 'club people' on here are admiral and let's be honest most fans would be suicidal without them, lol. But over the weeks re tax issues they were saying no issues (as a Widnes fan we've heard all the same before btw). They commented all tax was paid and actually said your image rights case had Bren pushed through and that caused the dilemma Sir Rodney had to step in... Yet now that's not the case? So whether that's from the top as fans you have been blatantly lied to just weeks before 'how much does the club mean to you?' it's unbelievable!

As fans it's understandable you'll do anything to help your club, but if their is a 350k tax bill overhead is that coming from the 500k? How much other debt is left? Based on crowds & salaries how much will it cost to run the club in SL this season? To me it doesn't seem like the 500k will go far (if 350k out of that) so why doesn't the club come clean on the exact amount needed... How long is securing the immediate future... Two weeks?

People will say private companies dont have to publicly release balance books and projected costs. But when you have begging bowls out and make 'pleas' like that, surely as fans it's the least you deserve?

Just out of interest, does this not represent an offer of shares to the general public? Or are the promoters happy that this can be treated as a "domestic" issue? If so, how have they satisfied themsleves that this is not a public offfer?

If the former, is some form of prospectus not required? And plc status? Etc.?

Were any financials or whatever distributed with this letter?

Just some sudden thoughts from an outsider. I'm sure your highly-clued up board have taken appropriate advice and satisfied themselves that this is not a public offer, and that they are not in breach of the Companies Act and whatever else, but (and without reading the whole thread, but picking up that some of you don't rate their abilities too highly?) I suddenly got to wondering.

Not trolling - and apologies if this has already been addressed.

Must admit - crossed my mind too, but are they actually offering "shares" or just asking for voluntary donations with conditions attached?

I should imagine that it was a case of YC, saying where still committed, the RFL saying they would be treated fairly (lol) and SL that no disciscions had been made on franchises. And Nigel wood assuring them that he would not eat on entering Red Hall.

I presumed the appeal was just for donations.

Everything you've asked has been asked by other people on this and other threads; the reality is that we have very little information from the club about the current financial situation, apart from the glaringly obvious admission that we're skint. Again.

This appears to be on a public website.

It sort of looks like a public share offer to me. Could I apply?

If it looks like a duck, and it walks like a duck, and it quacks like a duck...

Guys, not being funny but unless this has been resolved/answered (I hope it has, and that someone will show it has) I'm not sure this is right.



In fact, the more I think about it, the more concerned I am. And that is genuine concern, not [ischadenfreude[/i.

a straight question: Do the Companies Act conditions you refer to apply to both listed and unlisted shares, ie shares in a listed company which are traded [iand[/i shares which aren't tradeable (which the Wakey shares won't be)?

Yes. Although I was referring to the wider arena of legislation and regulation, not just the Companies Act 2006.

According to the Companies Act 2006 though, a limited company is a limited company regardless of whether or not a company is listed, unlisted but traded, or private and not traded.

The Act goes on to draw distinctions between public and private companies - including that the latter may not offer its shares to the public. All public companies must end "plc" not "ltd". There is quite a bit of regulation in the act restricting the activities of private companies, in exchange for various exemptions. There are various conditions to be met before a company can be a public company.

The legislation is framed, at least in part, to protect investors and to ensure the appropriate level of corporate governance.

A lot of other legislation and regulations apply as well though. Such as the accounting standards, the rules for offering securities for sale, the rules admitting shares to a recognised trading exchange or platform...once you start offering shares to the public a whole raft of additional legislation and regulation kicks in. Others will have more expertise in that particular field - many of whom are these investment bankers who get paid such scandalous megabucks.

So are you saying that as the company is a Private Limited Company this "share offer" is nothing of the sort but is just a request for donations dressed up as such?

Someone might be, but I'm not.

It says it is a share issue. To the public. I am not sure they can do that, at least not in this way.

Be good (for you guys) if I am wrong, and on this occasion at least I would be quite happy if I was.

I think you have a point regarding issuing shares to the general public - but I am sure the BOD and their financial people will have put it together correctly





Hope so